S&P 500 Wipes Out 2018 Gains Again

Credit: Wochit
Published on December 6, 2018 - Duration: 00:38s

S&P 500 Wipes Out 2018 Gains Again

According to Reuters, the S&P 500 lost its gains for 2018 again.

By the afternoon on Dec.

6th, the S&P was down about 40-points, after falling 77-points during morning trading.

Down 1.4-percent on the day, the S&P's top eleven indexes were all trading lower.

Led by losses on the energy sector, the S&P's technology, industrial, and financial sectors were down between 1-and-3 percent each.

The S&P's financial index dropped 2.9-percent, due to losses for bank shares, and falling bond yields for 5-and-10 year Treasury notes.

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